First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
127 hedge funds and large institutions have $834M invested in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 42 reducing their positions, and 16 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 42
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
0.25% less ownership
Funds ownership: 70.94% → 70.68% (-0.25%)
1% less funds holding
Funds holding: 128 → 127 (-1)
3% less capital invested
Capital invested by funds: $861M → $834M (-$26.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMP
Financial Management Professionals
Austin,
Texas
|
+$11.5M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$9.03M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.62M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
+$2.66M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$19.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$13.2M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$8.31M |
| 4 |
Morgan Stanley
New York
|
-$6.59M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$5.11M |
HYLS Hedge Fund Activity: Q2 2018 in Review
127 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) for Q2 2018, worth a combined $834M — down 3.1% from $861M a quarter earlier.
Fund positioning in HYLS was balanced in Q2 2018: 16 funds opened new positions, 16 closed out, 53 added to existing stakes and 42 trimmed.
The largest buyer was Financial Management Professionals, adding an estimated $11.5M. The largest seller was Jane Street, exiting entirely with an estimated $19.1M sold.
- 127 institutional investors held First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) as of Q2 2018, down from 128 in Q1 2018.
- Funds reported $834M of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock for Q2 2018, down 3.1% quarter-over-quarter.
- 16 funds opened new First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF positions in Q2 2018 and 16 closed out, a net change of 0 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF buyer in Q2 2018 was Financial Management Professionals, an estimated $11.5M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF seller in Q2 2018 was Jane Street, an estimated $19.1M sold.
Based on aggregated 13F filings for Q2 2018.